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To: Voltaire who wrote (6302)	3/7/2000 10:52:00 AM
From: Jim Willie CB	Read Replies (1) of 35685

well, Naz hit 5000 and quite a market response Dusty Dow Rubble drops 300, I love it 8 of 30 Dow stocks are at 52week low Naz catches itself on even day from up 100 pts the more we see Naz pullback intraday and every 3rd/4th day, the better off Naz health will be its 18day MA is about 4650-4675 its relative strength is outstanding and improving Naz has had TWO 10% declines this year alone we are probably due for another soon who knows when? I see the early Feb move to 4500 as a first leg and the move to 5000 as the second leg in progress as in all breakouts, Elliott Wave metrics dictate the sizes in my meagre mind second legs are 50-60% larger than the first leg typically if true to form, look for Naz to reach 5200-5300 minimum then expect a strong pullback loved how the Naz move to 5000 resulted in putting lizards in the graybeards' shorts let those naysayers dance until they buy our shorterm tops in resignation Naz building back from an even 10:30 retrace, now up 25 pts Molloy: in early Feb I said Naz heading to 5000 by Ides of March, probably sooner your sneid reply was calling me a Galvinite (actually a compliment) your attitude was arrogant and supercilious, as usual Mark Twain defines dogmatic: "wrong at top of your voice" READ THIS CAREFULLY: eat me / Jim

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